Vincent Corporation has 91,000 shares of $105 par common stock outstanding. On June 30, Vincent Corporation declared a 5% stock dividend to be issued on July 30 to stockholders of record July 15. The market price of the stock was $116 a share on June 30. If no entry is required, select "No Entry" and leave the amount boxes blank. Journalize the entry required on June 30. If an amount box does not require an entry, leave it blank. June 30 Journalize the entry required on July 15. If an amount box does not require an entry, leave it blank. July 15 Journalize the entry required on July 30. If an amount box does not require an entry, leave it blank. July 30
Vincent Corporation has 91,000 shares of $105 par common stock outstanding. On June 30, Vincent Corporation declared a 5% stock dividend to be issued on July 30 to stockholders of record July 15. The market price of the stock was $116 a share on June 30. If no entry is required, select "No Entry" and leave the amount boxes blank. Journalize the entry required on June 30. If an amount box does not require an entry, leave it blank. June 30 Journalize the entry required on July 15. If an amount box does not require an entry, leave it blank. July 15 Journalize the entry required on July 30. If an amount box does not require an entry, leave it blank. July 30
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter15: Contributed Capital
Section: Chapter Questions
Problem 12RE: Assume that Lily Corporation has outstanding 1,500 shares of 150 par callable preferred stock that...
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![Vincent Corporation has 91,000 shares of $105 par common stock outstanding. On June 30, Vincent Corporation declared a 5% stock dividend to be issued on July 30 to
stockholders of record July 15. The market price of the stock was $116 a share on June 30.
If no entry is required, select "No Entry" and leave the amount boxes blank.
Journalize the entry required on June 30. If an amount box does not require an entry, leave it blank.
June 30
Journalize the entry required on July 15. If an amount box does not require an entry, leave it blank.
July 15
Journalize the entry required on July 30. If an amount box does not require an entry, leave it blank.
July 30](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fba07e349-53e8-4588-a65d-d407dd81d85e%2F0445de41-0934-404a-a0c2-34b3a3df7b9d%2Flk73iyu_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Vincent Corporation has 91,000 shares of $105 par common stock outstanding. On June 30, Vincent Corporation declared a 5% stock dividend to be issued on July 30 to
stockholders of record July 15. The market price of the stock was $116 a share on June 30.
If no entry is required, select "No Entry" and leave the amount boxes blank.
Journalize the entry required on June 30. If an amount box does not require an entry, leave it blank.
June 30
Journalize the entry required on July 15. If an amount box does not require an entry, leave it blank.
July 15
Journalize the entry required on July 30. If an amount box does not require an entry, leave it blank.
July 30
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